In its opening statement at yesterday’s FoFA hearings, the Financial Services Council slammed the current legislation, which it says has strayed far from the original intent of the Ripoll report that started it allread more

After months of hinting about working towards a solution to distinguish between financial advisers and product vendors, the Financial Planning Association has unveiled its 10-point plan alongside a comprehensive white paperread more

Amid public furore regarding Treasurer Joe Hockey’s comments that the preservation age could rise this term, a lender has insisted that borrowers should actually be able to access their superannuation when buying their first homeread more

The “callous” and “morally bankrupt” Adelaide adviser who stole millions from victims of brain injury and from children who had lost family in a car crash has been sentenced to 13 years in jailread more

Another planning association has used their submission to the FoFA senate inquiry to request a legislative definition of financial advice in order to provide a clear distinction between advisers and product sellersread more